The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-12-15

stock issued by Ives & Co. In the statement
submitted to the COMMITTEES the item of 50, 1884,
e79 due from FL. s. Ives 81 Co. was placed among
The assets.
Local and State Notes.
The surgeons on the Wabash lines numberup
twenty three, will hold their annual meeting in
St Louis the 2lss of this month
The grand officers of the Brotherhood of Loco
motive Firemen. all of whom located at
Terre Haute, will this week move into their ele-
CANT new quarters in McKeen's block
The Corydon branch road in southern In
diana, will be sold at foreclosure sale in the
sariy part of next month. 1t is understood that
.he property will be bid in by the first mortgage
bondholders The Judgment against tie road
amounts to $12S, 600.
The Lake Erie & Western management show
determination to get their full share of east
bound business from this section and have al
ready reached position where they are carry
ing per cent of the business ard claim to be
making as fast time as their competitors.
Edgar Hills, general freight agent OF the Bee
line, has gone to Memphis, Tenn. At the re-
cent fire. where so much cotton was DESTROYED,
several White line cars of the Declines quota
which were loaded with cotton to forward East
rere consumed, and he goes to see who is to be
she loser in this
There is a good deal of comuotion in freight
circles over the alleged ratecutting which the
Continental fast-freiRht line. operating over the
Baltimore & Ohio and the Ohio & Mississippi
roads. is now DOING not only east but west
bound freignts. 1t is charged that the c., B. &c
Q. il aiding them in business east bound which
Fan be found at points tributary to the route
named.
Within sixty days the Lake Erie & Western
will have their Peoria extension com pleted and
n shape for freight trains to run over. The
Indiana Midland is pushing on westward 70 the
coal fields of western Indiana Colonel Horace
Scott is pushing the Cannelton branch of the
L. E. & st. L., and will have it in readiness to
trains over by Jan. !, securing valuable
subsidies by so doing
The directory of the Ohio & Mississippi road,
now that their deal with the c.. B. g. @. is off,
seriously considering the extension Of the
operated, the Springfield division is an elephant
on the hands of the Ohio g Mississippi but
with such an extension it would at once become
an important line, reaching into territory where
the road could secure large amount of bust
ness
An interested party states that the delay in
the reorganization of the indianapolis, Decatur
& Springfield company is only to give parties
who have expressed desire to secure control of
the property an opportunity to do SO. if terms
satisfactory to both parties can be agreed upon.
IL is stated that unless something IS done In
that direction within few days the reorgauizs-
sion on the new basis will be perfected. So far
as the courts are concerned, everything is ready
30 turn the property over to the new company.
The superintendent of the Sc veral Indianapo-
lis roads. including the Belt road met yesterday
10 decide as to what action should be taken on
The petition of the local switchmen for an ad-
vance in their pay. taking for basis the wages
paid Chicago switchmen. After fully canvassine
the matter ir was decided that at the present
lime it would be unadvisable to advance
a heir wages taking the ground tina. the
sf indianapolis than Offset the
slightly higher wages paid by the Chicago roads
It is quite probable that the matter will now be
lropped, as the movement was not very unanl-
nous, it Is stated, on the part of the switch
men.
Within the last few months the expediency
H sbolishing the sale of coupon Unlimited tick
nc hSa haAn 1nra legs n Sca6
mems circles, and it is highly probable that
.ome action will be taken looking to such re-
sult. The tickets make good deal OF trouble
and are really OF little benefit to the travelling
public. In fact the only persons really benefit
ID by their the scalpers The changes
n the mileage tickets were serious blow to the
)calpers. but doing away with unlimited tickets
would be more serious. While in local travel
his class of tickets must be sold to conform to
Ihe State laws. limit is fully satisfactory to
passenger. when the discount is taken into
consideration.
But few shippers in this section are making
any effort to secure special rates next year to
Pacific coast or Missouri river points. the
prospects now are that lower rates will prevail
than any special rates would give them. The
new freight rates adopted by the Western and
Southwestern Association to the Missouri river
take effect the 10th, and on the same date
the reduced rates which Receiver McNulta pro-
poses to put IN force take effect. This will
force competitors of the Wabash to meet such
reductions, and the indications are that during
the coming wear lower freight rates will prevail
over all Western lines than at any previous
time The rates which Receiver McNulta pro-
poses to make will reduce local we'll
through rates more or less, especially through
Illinois, as he drops below the maximum rates
established by the Railroad Commission of that
State
Nothing has occurred in freight circles in
many months which has led 10 more unfavor-
able comment than the statement that Presi-
dent Roberts, of the Pennsylvania road opposes
the payment of certain rebates which have been
promised by the compauy's agents. Shippers in
much larger territory than supposed
affected by such decision. In Indianapolis
there are parties, it is said, TO whom handsome
rebates are due For months said shippers
have been forwarding all their business to points
reached by the Pennsylvania lines over their
routes, and competitors stood no show when
they asked for part of this business Presi-
lent Roberts Is a of sensitive nature it
Is stated, that he feels chagrined over recent
discoveries in this direction At all the Trunk
line meetings he has boastad of the honorable
methods the Pennsylvania lines pursuing
N the matter of rates. and in the meantime his
agents have, In an indirect manner, if state
uents are true, been cutting rates.
miscellaneous Items.
The Railroad Commissioners OF Kansas and
Nebraska are taking measures to bring about a
urther reduction freight rates TO conform
= he haais afs afa soft IN